2023-06-24 12:08:00
The technological race for artificial intelligence (AI) is first and foremost a war to capture investment. The CEO of American artificial intelligence giant Nvidia, Jensen Huang, which manufactures essential processors in AI, said on Friday that his group would most likely to invest in Europe, hammering in front of journalists that this would be a “ excellent idea ».
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« I would say it’s extremely likely and the reason is that Nvidia would want to be a global international company, who might think of a better place to invest? “Said Jensen Huang, at the end of an interview with the European Commissioner Thierry Breton in charge of digital in particular, in the offices of Nvidia in Silicon Valley.
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« AI is regarding data, AI is regarding algorithms, AI is regarding computing power », underlined Thierry Breton at the end of his interview with Jensen Huang. ” The computing power is due to companies like Nvidia “, he added.
By putting money in Europe, Nvidia would imitate other giants of semiconductors, such as Intel, TSMC or STMicroelectronics, which invest or plan to do so massively in the European Union thanks in particular to the public aid available. The European Union, which produces only 10% of electronic chips, wants to massively increase the production of these essential components of the digital and electrical revolution.
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The chipmaker recently crossed the $1 trillion market capitalization mark, following reporting better-than-expected results and issuing an astronomical second-quarter forecast. Nvidia now has a virtual monopoly on the market for the processors needed to create the most powerful artificial intelligences like ChatGPT.
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